maccainthebakery

BTC H4 Chop of Current Range Review

BITMEX:XBTUSD.P   Bitcoin
On H4 thats a nice liquidity sweep into H4 breaker - with a close forming an SFP right now.

Highs taken and open interest cleansed - so what should we expect next? Logic says Lows.

Now my bias and eyes are towards that juicy equal low which has confluence with EQ of current local range, offering a lovely short scalp for swing traders.

If BTC goes on a tear and closes above EQ then we look higher and change bias.

Lets see what we get.
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Commento:
Small update - unwise to ignore further upsweep potential first.
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Liquidity being taken

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